Bao Fan, a former Morgan Stanley and Credit Suisse banker, founded China Renaissance in 2004. Photo: Xiaomei Chen

Alipay writes US$50 million cheque as China Renaissance prepares to raise up to US$377 million in Hong Kong IPO

Chinese investment bank plans to issue 85 million shares at between HK$31.8 and HK$34.8 per share

Topic |   IPO

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Bao Fan, a former Morgan Stanley and Credit Suisse banker, founded China Renaissance in 2004. Photo: Xiaomei Chen
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